Category: Infrastructure Finance

Though the road ahead for autonomous vehicles (AVs) remains uncertain, the technology’s potential is far-reaching. Kurt Forsgren, managing director and sector leader for Infrastructure in U.S. Public Finance at S&P Global Ratings, recently spoke to Institutional Investing in Infrastructure (IREI) about the influence that these disruptive technologies could eventually hold over infrastructure assets. “The variance …

S&P Global Ratings’ senior director and lead for Infrastructure EMEA, Mar Beltran, has warned airport operators of the future disruption in the face of evolving trends in the retail and mobility industries. In an article for Airport Business, Beltran explains that technological disruption from online retail outlets and ride-hailing apps are threatening airports’ commercial and …

The GCC faces high spending requirements on two fronts. Infrastructure projects require approx. US$120-150 billion between now and 2019, while refinancing corporate capital market debt also demands US$23.6 billion, due before 2019. However, green Islamic financing fuelled corporate and infrastructure Sukuk issuance in the GCC last year, writes Michael Wilkins, Head of Sustainable Finance at …

In recent years, the rated infrastructure universe has largely grown without interruption as increasing levels of capital flows to the sector. In a post for the World Bank, Mar Beltran, S&P Global Ratings’ senior director and sector lead for Infrastructure, EMEA, explains why. Read the blog here.

Thanks to increasing levels of debt financing for climate-aligned projects, wind-generated power has become one of the fastest-growing green industries. Jessica Williams, Infrastructure Analyst at S&P Global Ratings, considers the undersea transmission cables that are making this progress possible by spurring distribution of the energy created. Read the full article here.

ACS Servicios Comunicaciones y Energía S.L.’s (ACS SCE) €750 million worth of green notes has received an S&P Global Ratings’ Green Evaluation score of E1/83. This high score is supported by proceeds allocated to renewable energy and water projects in countries with medium carbon intensity grids and medium to high water stress – and is …

The financing of green infrastructure projects is rising worldwide. And alternative financing tools are piquing the interest of investors, many of whom are increasingly sensitive to climate concerns. Michael Ferguson, Director, U.S. Energy Infrastructure and Sustainable Finance at S&P Global Ratings, highlights the expansion of the U.S.’ decarbonisation efforts and how green bonds are used …

Following the release of the White House’s Infrastructure Plan, which serves to rejuvenate America’s aging infrastructure network, S&P Global Ratings’ Anne Selting spoke to P3 Bulletin about the details included in the proposals. “This program poses a unique challenge for state and local governments to come up with at least 80% of funding,” says Selting. …

Carillion’s compulsory liquidation has not only disrupted the U.K.’s construction market; it has dredged public debate about the efficacy of the U.K.’s private finance initiatives (PFIs). S&P Global Ratings’ research paper on Carillion’s collapse argues that the PFI scheme itself should not be held accountable for Carillion’s demise. The rating agency instead offers an alternative …